Goodbye Free Press

A year after a former publisher for an Irving-owned New Brunswick weekly left and started a competing paper, that paper (the Carleton Free Press) has been forced to close down. Might have something to do with the Irving-owned Woodstock Bugle-Observer slashing subscription and advertising costs to run the CFP out of business.

We’ll see if those rates go back up now that the Free Press is no more.

UPDATE: For what it’s worth, the Irving company Brunswick News, which owns the Bugle-Observer and every other newspaper weekly in New Brunswick, denies the charges, says it wasn’t using predatory pricing and that the Free Press’s financial problems had to do with the sagging dollar. Pandering politicians have called for inquiries into Irving’s newspaper monopoly.